This week, we are pleased to share a conversation with family enterprise advisors, Josh Baron and Rob Lachenauer, who are co-authors of the article “Do Most Family Businesses Really Fail by the Third Generation?” published in Harvard Business Review. In their conversation with host Jordan Rich, Josh and Rob provide commentary on their recent article that explores the original context of the “three-generation rule” and explains why this once widely accepted perception may not be true.
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Harvard Business Review
Dr. Josh Baron is a cofounder and partner at BanyanGlobal Family Business Advisors and an adjunct professor at Columbia Business School. For the last decade, he has worked closely with families who own assets together, such as operating companies, family foundations, and family offices. He is co-author of Harvard Business Review’s Family Business Handbook. Josh can be reached at jbaron@banyan.global.
Rob Lachenauer is a cofounder and managing partner of BanyanGlobal. Rob is an expert in leadership, strategy, and governance for family businesses. He is co-author of Harvard Business Review’s Family Business Handbook. He can be reached at rlachenauer@banyan.global.